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Headlines and Highlights: Week of December 15th

Headlines and Highlights: Week of December 15th
December 15, 2023
By 
Keenan Flack
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Panini and FIFA Extend Partnership

Panini Group and FIFA have renewed their partnership, continuing a collaboration that began over 50 years ago. This deal ensures Panini will produce World Cup soccer cards and stickers up to 2030, covering events including the 2026 and 2030 World Cups and the FIFA Women's World Cup in 2027.

The partnership aims to enhance the fan experience by blending traditional physical sets with digital collectibles. Romy Gai, FIFA’s Chief Business Officer, emphasizes the commitment to engaging football fans globally. Panini plans to innovate and introduce new products, building on their legacy since the first collection for the 1970 World Cup.

Panini America, a subsidiary of the Panini Group, is already preparing for the 2026 World Cup in North America. The first line of FIFA collectibles under this new agreement, focusing on top national teams, is slated for release in 2024. Elisabetta Mussini, Group Licensing Director at The Panini Group, highlights their dedication to providing unique products and experiences for football fans and collectors. SPORTSCOLLECTORSDAILY

PSA 9 Pikachu Illustrator Sells For $2 Million in Goldin Private Sale

Goldin Auctions has revealed that they brokered a sale of a 1998 Pokemon Japanese Promo Illustrator Pikachu-Holo. This Pikachu card is maybe the most desirable in the Pokemon TCG Canon; there only exist 23 graded copies in the population reports of BGS,CGC, PSA. It is said that there were only 43 copies produced, each one awarded to winners of a drawing contest hosted by Japanese magazine CoroCoro.

Gemrate has a total of 37 graded copies of this card, with only one receiving a gem rating. There are 10 that share the same PSA 9 grade as this one, but they come up for sale very infrequently. And usually are transacted through via backchannels at the major TCG houses. Funnily enough though, there is currently a like-graded copy up for sale at Goldin with a current bid of $240,000 ($292,800 w/ fees). If this lot were to reach even half of the $2 million private sale price that would notch it at the top public TCG sale of all time. We will keep you updated as the auction unfolds. GOLDIN

BONUS: Check out our list of top TCG sales of all time if you want some more context on the importance of these cards! ALTANINSIGHTS

Collectible Happenings

Stadium Insurance, led by CEO and Founder Dan Lorber, intends to offer specialized insurance for collectors and dealers of sports collectibles, including cards and memorabilia, with coverage for a variety of situations like burglary, theft, and natural disasters. The company streamlines the process through its mobile app and website, allowing quick coverage and management of insured items, with plans starting at $25,000 and costing around $14 per month. SPORTSCOLLECTORSDAILY

Artnews has released their yearly list of the top 200 collectors. The list features names from a variety of fields including finance, technology, real estate, media, and good old-fashioned inheritance. ARTNEWS

Sotheby’s closed their History of Science and Technology auction on December 13th. The top lots were the 1905 Nobel prize for Chemistry awarded to Adolf von Baeyer ($203,200) and an Allosaurus leg bone ($279,400). SOTHEBYS

The set of 6 Messi world cup-worn shirts, sourced from the athlete via AC momento, has sold for $7,803,000. SOTHEBYS

Former President Donald Trump announced a new edition of his digital trading cards, the "Mugshot Edition," priced at $99 each and featuring his Fulton County arrest mugshot, with special offers including a piece of his suit and dinner at Mar-a-Lago. This release follows the success of previous editions, generating $9 million in combined sales, and includes unique incentives like signed cards, NFTs, and private events for those purchasing large quantities or using cryptocurrency. FORBES

Topps releases promotional material for Tom Brady Expos card, imagining an alternate reality wherein he signed with the Canadian MLB club instead of going to the NFL. Watch the video here

Beckett teases a new partnership with ESPN events TWITTER

A section of the Wright Brothers Flyer fabric that was brought by Neil Armstrong on his voyage to the moon was sold at Heritage auctions for $81,250. HERITAGE

A painting by Bartolome Esteban Murillo, "Madonna With Child," was recovered unscathed nearly a week after a Lyft driver inadvertently took off with it in Miami. Gallerist Rodrigo Salomon, who had transported the artwork for authentication, noted the painting was returned in its original protective wrapping and mentioned the lack of assistance from Lyft or the police, planning to pursue the matter further. ARTNET

Virginia resident Jessica Vincent discovered a rare 1940s Carlo Scarpa “Pennellate” vase at a local Goodwill for $3.99, unaware of its significance until a $10,000 offer on a Murano glass forum hinted at its value. This vase, expected to fetch between $30,000 and $50,000 at auction, is a masterwork of Italian glass by Scarpa, known for his work with Venini and considered a rare find, especially from a Goodwill store. ELLEDECOR

A recent Deloitte report indicates a nearly 30% decrease in art auction guarantees, with lower returns, prompting speculation about market cooling and reduced profitability. Experts suggest that fewer guarantors are participating due to the risks of acquiring works they don't intend to keep, and while guarantees offer market stability, they can be disadvantageous for vendors, especially if auction prices significantly exceed the guarantee level. ARTNEWSPAPER

Feel free to reach out to Keenan@Altaninsights.com for any questions/comments.

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